Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.

ALICE + OLIVIA IN MAC-LAND: Alice + Olivia designer Stacey Bendet Eisner has teamed up with MAC Cosmetics to create a limited edition color cosmetics collection that will hit all MAC doors July 8. The concept? As if Alice in Wonderland fell down the rabbit hole and met a makeup artist instead of the Mad Hatter — think deep turquoise shimmer pigments, purple nail polish and yellow Dazzleglass Crème lip gloss. Prices range from $12 for the nail polish to $19.50 for the pigments.

DIANA’S DRESSES: A black taffeta gown designed by David and Elizabeth Emanuel, whose plunging neckline earned a 19-year-old Princess Diana the headline “Daring Di” when she wore it in 1981, will go up for auction in London in June. The dress, which Diana wore for her first official appearance after her engagement to Prince Charles, is one of 30 lots from the Emanuels’ archive, dating from 1981 to 1986, being put up for sale by Kerry Taylor Auctions. Alongside clothes, the sale also includes invoices, designs and paperwork relating to Diana’s wedding gown, which the Emanuels designed — the lots number a photographic record of the making of the bridal gown, toiles of the bridal gown and a petticoat that Diana wore to wedding rehearsals at London’s St. Paul’s Cathedral. The auction, which takes place June 8 at La Galleria on London’s Pall Mall, is expected to achieve sales of up to 110,000 pounds, or $169,100 at current exchange. “The drive is to get the garments out of their trunks and into the public domain,” said Kerry Taylor, adding she expects both collectors and fans of Diana to attend the sale.

ANOTHER DESIGNER DIRECTOR:Alessandro Dell’Acqua is putting his passion for old films into practice. An avid collector of Italian movies (his collection boasts more than 1,000 titles from Neorealism to late-Seventies B films), the designer, who launched a new fashion line called N. 21 in February, has teamed up with home appliances firm Electrolux to produce a film. Shooting will start shortly, and further details were unavailable. However, a taste of the Pasolini-esque movie starring Italian model Bianca Balti as a latter-day Silvana Mangano will be available Wednesday night when a short version will be projected at an event called “Shortcuts.”

SEA CHANGE: Kitsuné is heading to the seaside. As part of Paris department store Le Bon Marché’s “Esprit Factory” exhibition, the French sportswear brand has unveiled a Brittany-themed collection, returning to the roots of one of the label’s founder-designers. It features sweaters made in Quimper, France, and a scarf designed with table linen specialist Le Minor in Pont l’Abbé, France.

GOING HOME:Angela Ahrendts, chief executive officer of Burberry Group, will be the principal speaker at the spring commencement of Ball State University, her alma mater, on May 8. The Muncie, Ind.-based university will award Ahrendts an honorary doctor of human letters degree. A native of New Palestine, Ind., Ahrendts earned her bachelor’s degree in marketing and merchandising at Ball State in 1993. And while Ahrendts may be among Ball State’s most successful alums, she’s not the most famous: David Letterman graduated from the university in 1969.

FASHIONABLE SHORTS: Style Star, a project showcasing fashion short films that recently signed a partnership with Microsoft, is launching internationally with a press conference in Paris this week that will feature a host of speakers from the worlds of fashion and high technology. They include Floriane de Saint Pierre, who runs an eponymous executive search and consulting firm in Paris, and Gilles Gaillard, managing director of animation studio Mikros Image, which this year won the Oscar for best animated short film with “Logorama.” Style Star launched at the Venice Film Festival last year and will take its Fashion Shorts Festival to the Cannes Film Festival in May.

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@rebeccaminkoff is bringing self-checkout to high fashion: The brand has partnered with @queuehop to bring its customers self-checkout options, beginning this holiday season at its SoHo store. (📷: @aurorarosephoto)

It was a big night for Demna Gvasalia at the Fashion Awards 2016 in London: The designer took home the award for international ready-to-wear designer for his work at @balenciaga, while his brand @vetements_official scooped international urban luxury brand. (📷: @giovanni_giannoni_photo)